4700 Shaffer Ave, Madison, WI 53716
Property image
Property image
FOR SALE

4700 Shaffer Ave
Madison, WI 53716

Lake Edge
  • 2 Beds
  • 1 Bath
  • 724 sqft

$299,000

Est. Mortgage $1,976/mo*

$299,000

Est. Mortgage $1,976/mo*
2 Beds
1 Bath
724 sqft
We estimate this home will sell faster than 98% nearby.

Home Highlights

Parking
Garage
Outdoor
Deck
Climate Control
Forced Air & Central Air
Price/Sqft
$413

Local Information

  • Map ViewExplore the area around 4700 Shaffer Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Warm and welcoming describes this charming, updated ranch in a very desirable east side location, close to schools, shopping, bus line, and main roads for getting around Madison and beyond. Large heated and cooled 3-season room provides a great space for enjoying a meal on a summer night overlooking the backyard. Home boasts a large 2-car garage, which is rare in homes of this vintage. New Flooring and trim throughout the interior in 2023; ductwork was professionally cleaned in 2023. New wood fence by driveway added in 2024. Includes a 1-year home warranty. Home may not qualify for VA or FHA loans as exterior will need a bit of TLC. Home being sold "AS IS"
Last check for updates: about 1 hour ago
Listing courtesy of Erik Rasmuson
Rock Realty
Source: SCWMLS, MLS#2029787
We estimate this home will sell faster than 98% nearby.

Home Details for 4700 Shaffer Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Crawl SpaceNumber of Rooms: 4Types of Rooms: Master Bedroom, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 724 Square Feet
Appliances & Utilities
Utilities: Cable Available, Internet - CableAppliances: Water Softener Included
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: DeckFoundation: Poured concrete foundatn
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: 2 car,Detached,Garage Door Opener
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 724 Square Feet

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood Siding
Property Information
Not Included in Sale: Dining table and chairs, wood bench in 3-season room.Included in Sale: Microwave, window coverings, a 1-year home warranty policy, and furniture in the house is negotiable.Parcel Number: 071016204168

Price & Status

Price
List Price: $299,000Price Per Sqft: $413

Location

Direction & Address
City: Madison
School Information
Elementary School: Call School DistrictElementary School District: MadisonJr High / Middle School: SennettJr High / Middle School District: MadisonHigh School: LafolletteHigh School District: Madison

Agent Information

Listing Agent
Listing ID: 2029787

Building

Building Area
Building Area: 724 Square Feet

Lot Information

Lot Area: 7840.8 sqft

Miscellaneous

BasementMls Number: 2029787Above Grade Unfinished Area: 724

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lake Edge

At least 15 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 88 % Say car is needed

  • 74 % Say there's wildlife

  • 68 % Say there's holiday spirit

  • 65 % Say neighbors are friendly

  • 65 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 65 % Say kids play outside

  • 63 % Say it's walkable to restaurants

  • 61 % Say yards are well-kept

  • 48 % Say there are sidewalks

  • 37 % Say there are community events

  • 30 % Say they plan to stay for at least 5 years

  • 27 % Say streets are well-lit

  • 26 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • am
    "Close to Olbrich Park and Michael's Frozen Custard! Easy access to Stoughton Road and Monona Drive. Bus route stops within 2 blocks of this location. City bike trials within 1/2 mile. East side YMCA 2 blocks away. Wonderful coffee shop (Java Cat) down the street :) "

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$3.33K
MoM
Sale-to-List Price
102.4%
0.3%
MoM
Price per sq ft
$266
$5
MoM
Available listings
555
149
MoM

Home Value

Trulia Estimate
$290K
Since last month
Increased$25K (+9.4%)
Since last year
Increased$24K (+8.8%)
Since last sale
Increased$212K (+271.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +101% in the last 10 years
MonthEstimated value
2026
August 2026$290K
July 2026$265K
June 2026$271K
May 2026$271K
April 2026$279K
March 2026$274K
February 2026$265K
January 2026$261K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.27
Single-Family Home
$275,000
07/17/26
2
1
656
0.31
Single-Family Home
$280,000
08/05/26
2
1
666
0.24
Single-Family Home
$325,000
07/20/26
2
1
720
0.29
Single-Family Home
$353,500
10/08/25
2
1
1,040
0.41
Single-Family Home
$340,000
12/19/25
2
1
750
0.23
Single-Family Home
$415,000
02/02/26
2
1
1,225
0.17
Single-Family Home
$360,000
09/10/25
3
1
1,533

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$390,000
3
1.5
1,644
Recently Sold
0.09
$442,400
3
2
1,359
Off Market
0.06
$361,000
3
1
1,440
Off Market
0.09
$363,400
2
1.5
1,176
Off Market
0.11
$449,000
3
1.5
1,788
Off Market
0.11
$359,800
2
1
1,340
Off Market
0.07
$371,600
3
1.5
1,303
Off Market
0.11
$658,800
3
3
2,182
Recently Sold
0.13
$452,000
3
2
1,632
Recently Sold
0.09
$329,900
2
1
1,098
For Sale
0.12
$551,000
4
2
2,378
Recently Sold

Price and Tax history

DateEventPrice
Aug 6, 2026
Source: SCWMLS #2029787
Listed For Sale
$299,000
Sep 1, 1996
Source: N/A
Sold
$78,000

LGBTQ Local Legal Protections

Erik Rasmuson, Rock Realty

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Frequently asked questions about 4700 Shaffer Ave

  • What is the estimated monthly payment for 4700 Shaffer Ave?
    Based on a $299,000 list price with 20% down at today's rates, the estimated monthly payment for 4700 Shaffer Ave in Madison, WI is approximately $2,012 (about $1,568 principal & interest, $369 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 4700 Shaffer Ave compare to homes in Madison?
    4700 Shaffer Ave in Madison, WI is listed at $299,000, about 30% below the $427K median sale price in Madison.
  • What do residents say about the Lake Edge neighborhood?
    Residents describe the Lake Edge neighborhood in Madison, WI as dog-friendly, easy to park in, and neighborly. Most residents say you need a car. See homes for sale in Lake Edge, Madison.
  • What are the closest schools to 4700 Shaffer Ave?
    The closest schools to 4700 Shaffer Ave in Madison, WI are Lafollette High School (rated 6/10), Sennett Middle School (rated 5/10), Southside Elementary School (Pre-K, rated 4/10).
  • Does 4700 Shaffer Ave have air conditioning?
    Yes, 4700 Shaffer Ave in Madison, WI has air conditioning.
  • How big is the lot at 4700 Shaffer Ave?
    The lot at 4700 Shaffer Ave in Madison, WI is about 0.18 acres (7,841 sq ft).
4700 Shaffer Ave, Madison, WI 53716 is a 2 bedroom, 1 bathroom, 724 sqft single-family home built in 1939. 4700 Shaffer Ave is located in Lake Edge, Madison. This property is currently available for sale and was listed by SCWMLS. The MLS # for this home is MLS# 2029787.